Royal Caribbean estimates financial impact of Grandeur fire

Arlene SatchellSun Sentinel

Updated 6:27 p.m. May 29:

On Wednesday, Miami-based Royal Caribbean Cruises Ltd. said it estimates the direct financial impact of the fire aboard Royal Caribbean International's Grandeur of the Seas (net of insurance) will be a reduction of $0.10 per share.

"The extent of the financial impact was relatively high because the affected sailings were during the premium summer season," said Jason Liberty, senior vice president and chief financial officer, in a statement.

Grandeur is expected to return to service for its July 12 sailing date, Liberty noted. This ship sustained damage from a fire on May 27 while off the coast of Lake Worth, Fla. enroute to CocoCay in the Bahamas.

The cruise ship will be undergo repairs in the Bahamas at Grand Bahama Shipyard Ltd. according to a Twitter feed Wednesday from @Royal Caribbean PR.

To date, a total of six sailings of the damaged Royal Caribbean International cruise ship have been canceled: 5/31, 6/7, 6/14. 6/21. 6/28 and 7/5.

On Monday, May 27, at approximately 2:50 a.m. ET, Grandeur of the Seas experienced a fire on the mooring area of deck 3. The fire has since been extinguished. In an abundance of caution, the Captain deemed it necessary to muster all guests at their assembly stations. All 2,224 guests and 796 crew have been accounted for, and there have been no injuries of guests or crew reported. The safety of our guests and crew is our top priority, and we will continue to focus on their needs and concerns. Grandeur of the Seas was enroute to CocoCay, Bahamas, but is currently heading to Freeport, Bahamas, for further evaluation. The ship is in calm seas, and has full power. Grandeur of the Seas is currently on a seven-night sailing that departed Baltimore, Maryland, on May 24, and includes port calls to Port Canaveral, Florida; CocoCay and Nassau, Bahamas. Media can stay up to date by following @RoyalCaribPR on twitter.